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Nov 13, 2012
11/12
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energy use. now the u.s. is now predicted, the international energy agency, predicts the u.s. will be the, will be the number one producer of oil by 2020. it will also be probably close to the top in the producers of natural gas. this will give us the wealth and income, mike lindh mentioned -- lind, mentioned 1 1/2% of gdp, we have 16 to 20 years to make up for the short fall in, in social security and 4 to 5% in medicare. well, the explosion of a moving from a energy deficit to a energy surplus will more than half close that gdp gap. so, we have a economic conditions that suggest that the challenges we face are the exact opposite of what the bowles-simpson grand bargain would impose on us as a growth strategy. the conditions that we're going to face over the next five to eight years with some amelioration if we do the right things are an ongoing shortfall of both domestic and global demand, excess capital and labor and excess capacity in major, many major industries. overcapacity in many sectors of the world economy, a disattributetive inequality challenges caused by ongoing
energy use. now the u.s. is now predicted, the international energy agency, predicts the u.s. will be the, will be the number one producer of oil by 2020. it will also be probably close to the top in the producers of natural gas. this will give us the wealth and income, mike lindh mentioned -- lind, mentioned 1 1/2% of gdp, we have 16 to 20 years to make up for the short fall in, in social security and 4 to 5% in medicare. well, the explosion of a moving from a energy deficit to a energy...
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Nov 8, 2012
11/12
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because we are talking about efficiency and how we manage congestion and lower energy use. we are talking if the integration of data within the public sector, the private sector and the combination. we are talking about participation with the social media and the production of the solution. my sense, and again, david mentioned this, is united states isn't quite at the vanguard of this. when i think about congestion you brought up copenhagen with regards to many of the issues and i want to start with the ibm and cisco perspective of the world. where do you see progress with in the sectors and progress within the city's and where is the u.s.? >> the good news is there is tremendous progress across the country but it's relatively siloed so we can point to the smarter transportation and public safety and smarter health care and smarter grid and building energy management but that's not necessarily smarter city. this was alluded to a number of times this morning, it is really all about taking advantage of the fact that the city is a complex system of systems. so how do you to ge
because we are talking about efficiency and how we manage congestion and lower energy use. we are talking if the integration of data within the public sector, the private sector and the combination. we are talking about participation with the social media and the production of the solution. my sense, and again, david mentioned this, is united states isn't quite at the vanguard of this. when i think about congestion you brought up copenhagen with regards to many of the issues and i want to start...
121
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Nov 14, 2012
11/12
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projects and to build the wind energy turbines. so let's -- let's just not let this scenario become a reality. let's move in the way that the senate finance committee has showed us we can move. let's extend the p.t.c. here in the senate. i know the house could follow suit. let's just, simply put, pass the production tax credit as soon as possible. if we're focused on the economy, if we're focused on jobs -- this is what we heard from the voters just a short week ago -- let's get the production tax credit extended.madam president, i yiee floor. -- madam president, i yield the floor. mrs. hutchison: madam president? the presiding officer: the senator from texas is recognized. mrs. hutchison: madam president, i think we all know that everybody in america is pretty much talking about the fiscal cliff. and what is happening at the end of this year is going to have an enormous impact on the economy of our country and its future. there's no doubt about it. in fact, the nonpartisan congressional budget office projects that the impending ta
projects and to build the wind energy turbines. so let's -- let's just not let this scenario become a reality. let's move in the way that the senate finance committee has showed us we can move. let's extend the p.t.c. here in the senate. i know the house could follow suit. let's just, simply put, pass the production tax credit as soon as possible. if we're focused on the economy, if we're focused on jobs -- this is what we heard from the voters just a short week ago -- let's get the production...
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Nov 14, 2012
11/12
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we could have tax reform and we could have energy legislation. joe lieberman is still trying to get cybersecurity bill passed, which is very dangerous. but the president, he is our leader and he needs to engage more. we have someone in the room that we can talk to. i am an incurable optimist. i think that he may do it. i think it has to start in this lame duck session we cannot adopt the perfect agreement, but we can get started and have a down payment. it leads to cover the first year of what otherwise would be the sequester, which is $110 billion. i think we have to prove that we can do some tax reform and pull it together and then adopt what tries again to push the committee and according to the regular audience to come out with enough saving and spending and enough new revenue as part of tax reform and most critically, long-term entitlement reform. >> one quick point. sunday, i actually watch "meet the press." what about those -- the 80 ceos, the big companies raise a bunch of money, they run ads -- is that a positive for the process? >> i th
we could have tax reform and we could have energy legislation. joe lieberman is still trying to get cybersecurity bill passed, which is very dangerous. but the president, he is our leader and he needs to engage more. we have someone in the room that we can talk to. i am an incurable optimist. i think that he may do it. i think it has to start in this lame duck session we cannot adopt the perfect agreement, but we can get started and have a down payment. it leads to cover the first year of what...
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Nov 9, 2012
11/12
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are undergoing rather draconian restrictions on the uses of energy. the lights are out in cairo every night at 10:00 and jordan has gas rationing and they live virtually right next door to saudi arabia. those are the most urgent issues. who are the three leaders who deserve their special attention, mr. president. well, first let's start with the prime minister of israel. if he gets another term as prime minister, she will be with you throughout your presidency locked at the hip or perhaps another part of the anatomy. [laughter] your interests state to state are confident and complementary. you don't have to love each other, but you have to have -- but you have a big agenda with each other. a big agenda that requires you to work together. it is very important for mr. benjamin netanyahu to work together with you, you of course are the great power, israel is the small power. but you have a role to play in building a new relationship with him as well. secondly, and here i will echo in a certain fashion what jim jeffries said. the second that i would put o
are undergoing rather draconian restrictions on the uses of energy. the lights are out in cairo every night at 10:00 and jordan has gas rationing and they live virtually right next door to saudi arabia. those are the most urgent issues. who are the three leaders who deserve their special attention, mr. president. well, first let's start with the prime minister of israel. if he gets another term as prime minister, she will be with you throughout your presidency locked at the hip or perhaps...
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Nov 16, 2012
11/12
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the problem is in the energy sector and without the carbon tax you are not directly getting at that. >> so, i think for the reasons that have been described the carbon tax makes enormous sense to deal with the environmental impact of energy use to like and you can design one in such a way that doesn't cause much harm for the american industries that compete with folks abroad that are including the industry. consumption tax is a heavy lift if you try to do the value added tax directly. there are things you can do to treat the income tax to make it look more like a consumption tax that ought to be part of the discussion. >> let me wrap up quickly. i want you to give your fault at the end of the day what do you think the tax code is going to look like on the conversations between the president and the speaker or don? is it going to be that quick snapshot what is it going to look like when they are done? >> i think we will have slightly higher marginal tax rates on some high income taxes at least
the problem is in the energy sector and without the carbon tax you are not directly getting at that. >> so, i think for the reasons that have been described the carbon tax makes enormous sense to deal with the environmental impact of energy use to like and you can design one in such a way that doesn't cause much harm for the american industries that compete with folks abroad that are including the industry. consumption tax is a heavy lift if you try to do the value added tax directly....
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Nov 8, 2012
11/12
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as for disagreements, the one that immediately leaps to mind is energy. keystone pipeline. i think that was -- if you had to sum up, you know, the mitt romney energy agenda and the house and congressional republican energy agenda, it begins with the k word, keystone pipeline and look to see what happens on that one. sort of to use the old isaac as move analogy, we've got the irresistible force of energy consumption and the immovable opposition of co2 and global warming which, obviously, got a boost in the wake of hurricane sandy, and we'll just have to see what happens. another category was -- things that didn't get talked about, and i think that's very unfortunate, first on that list i would talk about health care defined as medicine, defined as curing things. we've had for, you know, since the clinton era we've had the abundant discussions of health care finance, health care insurance, who should get insured, who shouldn't get insured, so on and so on. and during the same 20-year period, the number of -- the quantity of medicine actually emerging from the medical/scientif
as for disagreements, the one that immediately leaps to mind is energy. keystone pipeline. i think that was -- if you had to sum up, you know, the mitt romney energy agenda and the house and congressional republican energy agenda, it begins with the k word, keystone pipeline and look to see what happens on that one. sort of to use the old isaac as move analogy, we've got the irresistible force of energy consumption and the immovable opposition of co2 and global warming which, obviously, got a...
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Nov 12, 2012
11/12
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getting that energy out puts people to work. it might make us a net energy exporter again. it makes manufacturing more attractive because energy is cheaper, so jobs, manufacturing jobs are starting to come back to the united states. we are on the threshold of very good news for america and very good news for the world, and i think that we'll revalidate our economic and political system. but we've got to get past the political gridlock, and we've got to deal with this deficit and debt issue, and we've got to show that we can make that hard decision. we need to address entitlements as part of that, and if we do, then these other things will kick in. >> okay. let's go to the middle east. two issues that have been a lot in the news, and there's been a lot of concern about iran, and you've written a number of op-eds giving a view on what you think is the best approach. and then there's the issue of syria. please say some words about what you see as the next steps with regard to iran, how do we see that unfolding in the time ahead, and then what's the way forward with syria? >> y
getting that energy out puts people to work. it might make us a net energy exporter again. it makes manufacturing more attractive because energy is cheaper, so jobs, manufacturing jobs are starting to come back to the united states. we are on the threshold of very good news for america and very good news for the world, and i think that we'll revalidate our economic and political system. but we've got to get past the political gridlock, and we've got to deal with this deficit and debt issue, and...
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Nov 9, 2012
11/12
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and i think when you get a situation where people have been spending most of their energy and time focused on their ill health or the ramifications of that with family members, there is not much space for doing the things we would like to see. so we have great ideas, wonderful examples of governance, education and so forth that we have seen and would like to spread, people don't have time for it. can focus on it. the vacancy, the vacuum created by that basic security invites trouble and in my experience this is where problems are. as i look around the world, there are a few areas that are well-educated and well defined and troubled, but vast areas that are troublesome that are all marked by lack of stability and so forth. these tieback pretty directly. it is a big world, a lot of different situations. >> the gentleman in the front and then we will get the uniform in the back. right here. >> i am ed vermont from the national institute of disease, and before that, i am a retired officer and i was actually recruited to and i age because of my military background. in 12 years ago, but director
and i think when you get a situation where people have been spending most of their energy and time focused on their ill health or the ramifications of that with family members, there is not much space for doing the things we would like to see. so we have great ideas, wonderful examples of governance, education and so forth that we have seen and would like to spread, people don't have time for it. can focus on it. the vacancy, the vacuum created by that basic security invites trouble and in my...